+0.5 on previous index reading
The Bank of Ireland Economic Pulse came in at 98.1 in June 2018. The index, which combines the results of the Consumer and Business Pulses, was up 0.5 on last month’s reading and 6.3 higher than a year ago.
Sentiment among households was broadly unchanged this month and remains upbeat, while the Business Pulse posted a two year high. Concerns about the stuttering Brexit talks, political developments in Europe and potential disruptions to global trade have come to a head in recent weeks though and may muddy the waters going forward, with a number of firms more circumspect about near-term prospects for business activity this month than in May.